Job reports and Retail sales tomorrow premarket will determine if its 450 or 441 for the Spy.
So While Retails sales numbers will affect XLK or tech , job reports will hqve a bigger impact on Cyclicals , small caps and financials. It would be a interesting scenario where The job report comes in disappointing and retail sales surprise. Or vice versa
... Hang send dropped a combine 3% in 2 days on poor retail.
DJI and QQQ finished at Similar crossroads(See link)
So While Retails sales numbers will affect XLK or tech , job reports will hqve a bigger impact on Cyclicals , small caps and financials. It would be a interesting scenario where The job report comes in disappointing and retail sales surprise. Or vice versa
... Hang send dropped a combine 3% in 2 days on poor retail.
DJI and QQQ finished at Similar crossroads(See link)
